GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » Total Inventories

Guoquan Food (Shanghai) Co (HKSE:02517) Total Inventories : HK$787 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Guoquan Food (Shanghai) Co Total Inventories?

Guoquan Food (Shanghai) Co's total inventories for the quarter that ended in Dec. 2023 was HK$787 Mil. Guoquan Food (Shanghai) Co's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was HK$978 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Guoquan Food (Shanghai) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guoquan Food (Shanghai) Co's Days Inventory for the six months ended in Dec. 2023 was 34.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guoquan Food (Shanghai) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.30.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Guoquan Food (Shanghai) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

Guoquan Food (Shanghai) Co Total Inventories Historical Data

The historical data trend for Guoquan Food (Shanghai) Co's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Guoquan Food (Shanghai) Co Total Inventories Chart

Guoquan Food (Shanghai) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
766.49 736.66 1,169.65 786.99

Guoquan Food (Shanghai) Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Total Inventories 766.49 736.66 1,169.65 786.99

Guoquan Food (Shanghai) Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Guoquan Food (Shanghai) Co  (HKSE:02517) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Guoquan Food (Shanghai) Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1781.358+0.75 * 59.352+0.5 * 786.99-1392.231
-0-127.541)/2747.36
=0.25

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Guoquan Food (Shanghai) Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=978.3205/5187.971*365 / 2
=34.41

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Guoquan Food (Shanghai) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=5187.971 / 978.3205
=5.30

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Guoquan Food (Shanghai) Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=978.3205 / 6665.602
=0.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Guoquan Food (Shanghai) Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Guoquan Food (Shanghai) Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Guoquan Food (Shanghai) Co (HKSE:02517) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » Total Inventories
Comparable Companies
Traded in Other Exchanges
N/A
Address
Lane 187, Xinghong Road, Room 802, No. 3, Minhang, Shanghai, CHN
Website
http://www.zzgqsh.com
Guoquan Food (Shanghai) Co Ltd is the leading and rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. With a carefully curated product portfolio and an extensive network of community-based stores, it enables consumers to enjoy meals at home with convenience, affordability and tastiness. Leveraging its robust supply chain and production capabilities, The company offers a wide variety of home meal products under the Guoquan Shihui brand through a nationwide network of 9,844 retail stores in China, serving diverse dining scenarios.
Executives
Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si
Generation One Holdings Ltd 2101 Beneficial owner
Vision Knight Capital (china) Fund Ii, L.p. 2201 Interest of corporation controlled by you
Vision Knight Capital (china) Gp Ii, L.p. 2201 Interest of corporation controlled by you
Vkc (china) Gp Ii Ltd. 2201 Interest of corporation controlled by you
Vkc Cayman Ii Ltd. 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you
Wei Zhe 2201 Interest of corporation controlled by you
Zhao Shang Yin Xing Gu Fen You Xian Gong Si
Li Zhujie 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si
Zhao Yin Guo Ji Jin Rong You Xian Gong Si
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si
Shang Hai Guo Xiao Quan Qi Ye Guan Li Zhong Xin You Xian He Huo 2101 Beneficial owner
San Quan Shi Pin Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

Guoquan Food (Shanghai) Co (HKSE:02517) Headlines

No Headlines